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Power Management: EnerNOC Secures OK For Demand Response

June 18, 2010 (FinancialWire) — EnerNOC, Inc. (NASDAQ: ENOC), a provider of clean and intelligent energy management applications and services, said the Tennessee Valley Authority board of directors has approved Phase II of the TVA/EnerNOC Demand Response Program.

The Phase II approval is for up to 560 MW of demand response capacity for an initial 10-year term, which will represent an expansion of 400 MW to TVA's existing deployment of approximately 160 MW with EnerNOC. EnerNOC and TVA currently expect to enter into a contract to formalize Phase II in the near future.

Over 200 commercial, industrial, and institutional businesses across TVA's service territory have already enrolled in Phase I of the TVA/EnerNOC Demand Response Program, encompassing a diverse range of facility types, including manufacturers, printers, hospitals, churches, school districts, and wastewater treatment facilities. For each customer, EnerNOC develops a customized demand reduction plan that delivers maximum value to both the customer and the TVA system. When dispatched by TVA, EnerNOC uses DemandSMART, its comprehensive demand response application, to manage each site in real time from its Network Operations Center to ensure that demand reduction commitments are achieved consistently and reliably.

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